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Royal Oak, MI

Full City Profile · Michigan · Oakland County County

3.9 /5.0
B+ Good
57,880 Population 4,909/sq mi density
$95,182 Median Income $63,040 per capita
$305,900 Home Value $323,624 Zillow
$1,335 Median Rent 23.7% income on rent
49°F Avg Temperature 260 sunny days/yr
102 Violent Crime/100K 735 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,182 median income, 2.3% unemployment
A+
Affordability
4.9 / 5.0
$305,900 home value, $1,335/mo rent
F
Safety
1.0 / 5.0
102 violent crimes/100K
A+
Education
5.0 / 5.0
62.6% bachelor's degree or higher

Top Industries in Royal Oak (20)

County-level employment data (BLS QCEW). Sorted by employment.

Health Care & Social Assistance
110,614 jobs 5,528 firms $64,493/yr
Professional & Technical Services
93,104 jobs 7,038 firms $117,655/yr
Retail Trade
71,533 jobs 4,697 firms $45,131/yr
Manufacturing
68,661 jobs 2,267 firms $95,182/yr
Accommodation & Food Services
57,076 jobs 3,059 firms $27,609/yr
Administrative & Waste Services
49,441 jobs 2,653 firms $59,506/yr
Finance & Insurance
42,518 jobs 2,518 firms $112,610/yr
Wholesale Trade
38,222 jobs 2,398 firms $119,740/yr
Construction
32,506 jobs 2,950 firms $95,963/yr
Other Services
21,497 jobs 3,519 firms $50,805/yr
Real Estate
19,133 jobs 1,644 firms $74,061/yr
Management of Companies
15,819 jobs 317 firms $135,564/yr
Transportation & Warehousing
15,153 jobs 799 firms $61,608/yr
Information & Technology
13,074 jobs 1,037 firms $113,040/yr
Educational Services
11,862 jobs 592 firms $47,753/yr
Arts & Entertainment
11,009 jobs 648 firms $31,788/yr
Unclassified
2,660 jobs 767 firms $60,237/yr
Utilities
1,632 jobs 48 firms $156,162/yr
Agriculture & Forestry
970 jobs 103 firms $43,176/yr
Mining & Oil/Gas
226 jobs 24 firms $87,064/yr

Industry Specialization (Location Quotient)

LQ > 1.0 means the industry is more concentrated here than the national average.

Unclassified
2.64
Professional & Technical Services
1.85
Real Estate
1.70
Finance & Insurance
1.45
Wholesale Trade
1.34
Management of Companies
1.30
Administrative & Waste Services
1.16
Manufacturing
1.15
Health Care & Social Assistance
1.07
Retail Trade
0.99
Other Services
0.99
Information & Technology
0.96
Arts & Entertainment
0.90
Accommodation & Food Services
0.87
Construction
0.86
Educational Services
0.79
Utilities
0.59
Transportation & Warehousing
0.49
Agriculture & Forestry
0.17
Mining & Oil/Gas
0.08
Thin line = national average (1.0)

Complete Industry Data

Industry Employment Establishments Avg Weekly Wage Avg Annual Pay LQ
Health Care & Social Assistance 110,614 5,528 $1,240 $64,493 1.07
Professional & Technical Services 93,104 7,038 $2,263 $117,655 1.85
Retail Trade 71,533 4,697 $868 $45,131 0.99
Manufacturing 68,661 2,267 $1,830 $95,182 1.15
Accommodation & Food Services 57,076 3,059 $531 $27,609 0.87
Administrative & Waste Services 49,441 2,653 $1,144 $59,506 1.16
Finance & Insurance 42,518 2,518 $2,166 $112,610 1.45
Wholesale Trade 38,222 2,398 $2,303 $119,740 1.34
Construction 32,506 2,950 $1,845 $95,963 0.86
Other Services 21,497 3,519 $977 $50,805 0.99
Real Estate 19,133 1,644 $1,424 $74,061 1.70
Management of Companies 15,819 317 $2,607 $135,564 1.30
Transportation & Warehousing 15,153 799 $1,185 $61,608 0.49
Information & Technology 13,074 1,037 $2,174 $113,040 0.96
Educational Services 11,862 592 $918 $47,753 0.79
Arts & Entertainment 11,009 648 $611 $31,788 0.90
Unclassified 2,660 767 $1,158 $60,237 2.64
Utilities 1,632 48 $3,003 $156,162 0.59
Agriculture & Forestry 970 103 $830 $43,176 0.17
Mining & Oil/Gas 226 24 $1,674 $87,064 0.08